latest from CPLC
And then there were three. As of January 1st, 2018, Ontario has joined California and Québec, linking their respective carbon markets. In a post-Paris world of bottom-up climate policy, linking of climate policy matters. It provides a concrete step forward on the Paris Declaration on Carbon Pricing in the Americas. It shows that, while the U.S. federal government is dismantling much-needed climate protections, states, together with Canadian provinces, are moving forward. Linking, if done right, can be a powerful enabler of greater ambition. It also raises important questions.
An exclusive report from the EcoAct Group shows more CAC40 companies are adopting an internal carbon price. Two years after COP21, global greenhouse gas emissions are again on the rise in 2017. The challenge now is to move from statements of alignment with the Paris Agreement to real action towards decarbonizing our economy. How are French companies approaching this issue? To explore the answer this question, the EcoAct Group conducted research on the climate performance of CAC 40 companies and published the findings in an exclusive report.
Today’s climate challenge is so far beyond our collective experience that it demands a radically different kind of engagement from senior leadership teams in the private sector. The threats that climate change poses to business, markets, and, indeed, capitalism are peculiarly hard for most top teams to spot, let alone act on.
As we reflect on the work of 2017 and prepare for 2018, we thank the German government for their support for our upcoming work. With their funding, we will accelerate the implementation of the 2017-2018 work plan and scale up impact.
Last month, at the fourth annual Climate Business Forum, hosted in New Delhi by the International Finance Corporation (IFC), part of the World Bank Group, there was a buzz in the air about business opportunities in clean solutions, as Indian government ministers, leading companies and investors presented their plans to scale up solar, green buildings and distributed energy storage using disruptive business models and innovative financing.
ECONOMISTS have long argued that the most efficient way to curb global warming is to put a price on the greenhouse-gas emissions that cause it. A total of 41 OECD and G20 governments have announced either a carbon tax or a cap-and-trade scheme, or both. Add state and local schemes, and they cover 15% of the world’s emissions, up from 4% in 2010. Voters concerned about climate change are egging them on. So, too, are corporate bosses. More firms are imposing such pricing on themselves, even in places where policymakers are dragging their feet.
The Leaders’ Voices on Carbon Pricing to Drive Climate Action, a CPLC side event during COP23 in Bonn, provided a platform for partners and stakeholders to focus on this discussion.
Recently we caught up with Nicolette Bartlett,CDP’s director of carbon pricing, to understand the advantages and challenges that carbon pricing represents as well as how it can spur innovation at multinationals and smaller companies alike.
Yale University has a fair claim as the intellectual birthplace of the carbon tax. It was there, in the 1970s, that the economist William D. Nordhaus wrote the first of many papers proposing that companies be charged for using fossil fuels in order to address global warming.
on the occasion of the One Planet Summit, government leaders of Canada, Chile, Colombia, Costa Rica, México, the Governors of California and Washington, and the Premiers of Alberta, British Columbia, Nova Scotia, Ontario and Quebec launched the Carbon Pricing in the Americas cooperative framework.
The findings, interpretations and conclusions expressed here do not necessarily reflect the views of the Carbon Pricing Leadership Coalition (CPLC). Many of the links on this blog will take you to sites operated by third parties. CPLC cannot guarantee the accuracy or reliability of any information, data, opinions, advice or statements meant on these sites.